**Replication of the VALUES in Table 1**

******** Change this directory to the correct path on your computer:

 use "D:\stata11\ado\personal\broz_zhang_wang_bri_dataset.dta", clear



**for the means in column 2 **
sum fc_dummy_cumcount_bank_s1_9016 if attendance_3_category==2
sum fc_dummy_cumcount_bank_s1_9016 if attendance_3_category==1
sum fc_dummy_cumcount_bank_s1_9016 if attendance_3_category==0

**for the ttest in column 2**
ttest fc_dummy_cumcount_bank_s1_9016, by(attendance)

**for the means in column 3**
 sum ka_open_sd9016 if attendance_3_category==2
 sum ka_open_sd9016 if attendance_3_category==1
 sum ka_open_sd9016 if attendance_3_category==0 
 
 **for the ttest in column 3**
ttest ka_open_sd9016, by(attendance)

**for the means in column 4**
 sum mean_portfolio_vol if attendance_3_category==2
 sum mean_portfolio_vol if attendance_3_category==1
 sum mean_portfolio_vol if attendance_3_category==0 

**for the ttest in column 4**
ttest mean_portfolio_vol, by(attendance)

**for the means in column 5**
 sum imf_dummy_unrest_index_sum_9017 if attendance_3_category==2
 sum imf_dummy_unrest_index_sum_9017 if attendance_3_category==1
 sum imf_dummy_unrest_index_sum_9017 if attendance_3_category==0 

**for the ttest in column 5**
ttest imf_dummy_unrest_index_sum_9017, by(attendance)

**for the means in column 6**
 sum imf_governance_deficit_usd_2015 if attendance_3_category==2
 sum imf_governance_deficit_usd_2015 if attendance_3_category==1
 sum imf_governance_deficit_usd_2015 if attendance_3_category==0 

**for the ttest in column 6**
ttest imf_governance_deficit_usd_2015, by(attendance)

**for the means in column 7**
 sum wto_cases_cumulcount9516 if attendance_3_category==2
 sum wto_cases_cumulcount9516 if attendance_3_category==1
 sum wto_cases_cumulcount9516 if attendance_3_category==0 

**for the ttest in column 7**
ttest wto_cases_cumulcount9516, by(attendance)

**for the means in column 8**
 sum obor_nations if attendance_3_category==2
 sum obor_nations if attendance_3_category==1
 sum obor_nations if attendance_3_category==0 

**for the ttest in column 8**
ttest obor_nations, by(attendance)

**for the means in column 9**
 sum ftas if attendance_3_category==2
 sum ftas if attendance_3_category==1
 sum ftas if attendance_3_category==0 

**for the ttest in column 9**
ttest ftas, by(attendance)

**for the means in column 10**
 sum bits if attendance_3_category==2
 sum bits if attendance_3_category==1
 sum bits if attendance_3_category==0 

**for the ttest in column 10**
ttest bits, by(attendance)



